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in Australia. Contrary to the commonly used aggregation-based method on counting data, our approach can be used in a … relatively 'thin' market, such as Australia. In a thin market, the number of job postings is relatively small, and the share of … Australia as of July 2020 is slowly recovering from its lowest 45 per cent dip at the beginning of May. Our results also suggest …
Persistent link: https://www.econbiz.de/10012824418
We study the relationship between Covid-19 lockdowns and domestic assaults in New South Wales and Victoria using police data on crime by Local Government Area over the period 2019-2020. We apply both Ordinary Least Squares and a fixed effect estimator, and find that domestic assaults decline...
Persistent link: https://www.econbiz.de/10013217912
days per week rose more than three-fold in the U.S and by a factor of five or more in Australia, Canada, New Zealand and …
Persistent link: https://www.econbiz.de/10014254299
Using mandatory stay-at-home orders in Australia as a natural experiment and data from a long-running panel study, this …
Persistent link: https://www.econbiz.de/10014241706
Is there evidence that households adjust their asset portfolios just prior to retirement in response to a means-tested public pension? We address this question by estimating a system of asset equations constrained to add up to net worth. We find little evidence that in 2006 healthy households or...
Persistent link: https://www.econbiz.de/10013134282
We explore asset holding diversification by Australian households, in particular, the household asset diversification participation decision (whether or not to diversify at all) is jointly estimated with the decision of how much to diversify. In so doing, recent literature on the modelling of...
Persistent link: https://www.econbiz.de/10013051019
A series of crises, culminating with COVID-19, shows that going "Beyond GDP" is urgently necessary. Social and environmental degradation are consequences of emphasizing GDP as a measure of progress. This degradation created the conditions for the COVID-19 pandemic and limited the efficacy of...
Persistent link: https://www.econbiz.de/10014083936
households reduce their financial risk exposure when confronted with background risk. Our novel modelling approach – termed a … risk, and is unique in recovering for, any given risky asset class, the shares that are reallocated to a safer asset … category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …
Persistent link: https://www.econbiz.de/10012977335
In this paper, we examine the short-term consequences of COVID-19 and evaluate the impacts of stay-at-home orders on employment and wages in the United States. Guided by a pre-analysis plan, we document that COVID-19 increased the unemployment rate, decreased hours of work and labor force...
Persistent link: https://www.econbiz.de/10012833233
Covid-19 social distancing risk index (COV19R) is created based on skills descriptors that categorise jobs by their level of … labour market (23% of total EU-27 employment) are faced with a very high risk of Covid-19 disruption and another 22% of the … EU workforce – mostly medium- to lower-skilled service provision – is exposed to some significant risk. The burden of the …
Persistent link: https://www.econbiz.de/10012833236